Consider the sample data below. 60 56 43 41 55 34 51 58 48 33 32
Question: Consider the sample data below.
60 | 56 | 43 | 41 | 55 | 34 | 51 | 58 | 48 | 33 | 32 |
50 | 45 | 59 | 33 | 37 | 58 | 52 | 55 | 42 | 40 | 47 |
29 | 37 | 50 | 55 | 43 | 37 | 53 | 46 | 40 | 44 | 52 |
the following hypothesis for the data:
Ho : u< 50
Ho : u > 50
Calculate the mean and the standard deviation s of the data as above:
(A) Compute the appropriate test statistic for testing Ho
(B) Determine the critical value for a = 0.05.
(C) Test Ho using the traditional/classical method.
(D) State the decision based on the results of the test.
(E) Had you used the p-value method of hypothesis testing, what would the p-value have been?
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Solution: The solution consists of 2 pages
Solution Format: Word Document
Solution Format: Word Document